Daytime temperatures are likely to rise, but nights will be colder, especially in parts of the capital, Khulna, and Barishal divisions, which had light-to-moderate rain on Thursday, report agencies.A cold wave is sweeping across the entire country, particularly in Rajshahi,...
FE REPORT | 2024-01-19 00:00:00
The metro rail is scheduled to be operated from 7:10 am to 8 pm on the entire Uttara-Motijheel corridor starting tomorrow (Saturday), facilitating commuters to enjoy a comfortable daily journey.The trains of the MRT-6 will run with 10-minute interval during...
MIR MOSTAFIZUR RAHAMAN | 2024-01-19 00:00:00
China hopes to start negotiations with Bangladesh on free-trade agreement out of urgency to help the country weather post-graduation economic adversities from end of duty derogation. "We have completed our feasibility study and hope that Bangladesh will complete its study...
FE REPORT | 2024-01-19 00:00:00
The much-vaunted floor price as controls on listed securities, save 35 biggies, goes now after 18 months avowedly for restoring normal functioning of Bangladesh's capital market.Bangladesh Securities and Exchange Commission (BSEC) Thursday issued an order to this effect, allowing free...
BENGALURU, Jan 18 (Reuters): India's blue-chip indexes posted their worst session in 19 months on Wednesday, led by a slide in top private lender HDFC Bank after its quarterly results.The blue-chip NSE Nifty 50, opens new tab shed 2.09 per...
TAIPEI, Jan 18 (Reuters): Taiwanese chipmaker TSMC projected on Thursday more than 20 per cent growth in 2024 revenue on booming demand for high-end chips used in artificial intelligence (AI) applications even as the broader industry deals with weak smartphone...
NEW YORK, Jan 18 (Reuters): Chip design software maker Synopsys, opens new tab said on Tuesday it would buy Ansys, opens new tab in a $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from...
NEW YORK, Jan 18 (Reuters): Robotics startup Figure said it has signed a partnership with BMW Manufacturing to deploy its humanoid robots in the car maker's facility in the US, as more companies turn to human-like robots to take on...
CHANCAY, Jan 18 (Reuters): In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega port rising on the Pacific coast, promising to turbo charge South America's trade...
HONG KONG, Jan 18, 2024 (AFP) - Hong Kong stocks rose Thursday on bargain-buying but were still well down for the year so far as traders fret over China's struggling economy, while expectations for an early US interest rate cut...
HANOI, Jan 18 (Reuters): Vietnam's legislature on Thursday approved new rules that lower the maximum stake investors can hold in domestic banks, a move aimed at reducing risks of market manipulation, but that could make investment in lenders less attractive.Under...
LONDON, Jan 18 (Reuters): Hedge funds took the most bets against auto companies Tesla, opens new tab, Ford, opens new tab, and communications company Charter Communications, opens new tab in the United States last year, a report by data firm...
The New York Stock Exchange (NYSE) has withdrawn from the Securities and Exchange Commission a proposal to create a new tradeable asset class called "natural asset companies", or NACs, the commission said on Wednesday, reports Reuters.The asset class was to...
HONG KONG, Jan 18 (AFP): Asian stocks were mixed Thursday after another dour day across global markets fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialise as inflation remains stubbornly high.A...
BENGALURU, Jan 18 (Reuters): Indian shares fell on Thursday, as HDFC Bank extended post-earnings decline, while IT stocks came under pressure amid growing doubts over early US rate cuts.The blue-chip NSE Nifty 50, opens new tab shed 0.51 per cent...
RIYADH, Jan 18 (Arab News): Microsoft and IBM were among several leading tech companies to hold talks over expanding their operations in Saudi Arabia in artificial intelligence, innovation, and the digital economy.The Kingdom's Minister of Communications and Information Technology Abdullah...
The annual conference-2024 of Rupali Insurance Company Limited was held at the Imperial Convention Centre in the city recently. Rupali Insurance Chairman Mostafa Golam Quddus, directors Mostafa Quamrus Sobhan and Sheikh Mohammad Danial, Advisor PK Roy and Chief Executive Officer...
Bangladesh House Building Finance Corporation (BHBFC) Chairman Prof Dr Md Salim Uddin and Managing Director Md Abdul Mannan greeted Finance Minister Abul Hasan Mahmood Ali with a bouquet at the Secretariat in the city on Thursday. BHBFC Deputy Managing Director...
With a view to providing more facilities for the customers and creating mass awareness about diabetes, Shwapno, one of the largest retail chain shops in country, has opened a new service called 'Diabetic Corner' at its outlets, said a press...
As a cold spell is sweeping across the country, BRAC Bank has come forward to help communities hit hard by the sudden drop in temperature, providing individuals with blankets. As part of corporate social responsibility (CSR), the bank has distributed...
Mutual Trust Bank (MTB) and SOLshare recently signed an agreement to finance smart lithium batteries for electric three-wheelers, promoting sustainability in Bangladesh. At the signing ceremony at MTB Centre, the bank's corporate head office in the capital's Gulshan 1, Syed...
FE REPORT | 2024-01-19 00:00:00
The benchmark index of the Dhaka bourse failed to keep its upbeat vibe on Thursday as cautious investors were busy in profit booking the day after the central bank unveiled its contractionary monetary policy for January-June. Investors were wary of...
FE REPORT | 2024-01-19 00:00:00
Share transactions in the stock market sharply declined in the last 18 months due to the floor price to the point that around 80 per cent of the brokerage houses are now unable to bear their operating expenses. "Stockbrokers are...
FE REPORT | 2024-01-19 00:00:00
A record number of 83 companies, including 13 banks, have been removed from the DSEX index in the annual rebalancing of the index, as they failed to meet the criteria.The companies include big names, such as ACI Limited, United Power,...
RAMALLAH, Jan 18 (AFP): In the occupied West Bank, Hafeth Ghazawneh waits in quiet frustration for customers to visit his falafel stall, which has been deserted since the October 7 Hamas attacks in Israel.His breakfast and lunch offerings were popular...
DAVOS (Switzerland), Jan 18 (Reuters): India could ease its heightened scrutiny of Chinese investments if the two countries' border remains peaceful, a senior Indian official said in the first signal that the four-year-old curbs could be lifted.Border tensions, the biggest...
WASHINGTON, Jan 18 (AFP): US businesses say they are "optimistic" about the prospect of falling interest rates, even as economic conditions have remained largely unchanged in recent weeks, the Federal Reserve said Wednesday.The US Fed recently voted to keep interest...
Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are causing congestion at container terminals, AP Moller-Maersk said in an update to customers on Thursday, reports Reuters.Maersk and other shipping groups have...
FRANKFURT, Jan 18 (Reuters): Workers in Europe are hoping this year's pay round will help restore incomes eroded by higher prices, but the expected boost to their purchasing power could hamper the European Central Bank's efforts to bring inflation back...
NRBC Bank bagged two awards -- 'Best Bank for Emerging Entrepreneurs-2023' and 'Fastest Growing Private Ban 2023, at a function 'on January 17. UK-based magazine The Global Economics awarded the bank for creating new entrepreneurs and the rapid expansion of...
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